Coinbase CFO Doesn’t Rule Out More Layoffs to Improve Financials
- The company is working toward having a positive ebidta
- ‘We are nimble, we will take necessary steps,’ Haas said
Alesia Haas
Photographer: Stefani Reynolds/BloombergThis article is for subscribers only.
Coinbase Global Inc., which laid off staffers twice in the last year, is open to cutting more if it becomes necessary to improve the company’s financial performance, Chief Financial Officer Alesia Haas said.
The company, which previously said it would try to stay near break even, switched gears when it reported earnings Tuesday and said it will now strive to maintain positive earnings before items like interest, taxes, depreciation, and amortization.